Loews Hotels & Resorts has acquired Loews Ventana Canyon Resort, a 398-room lodging destination that has operated under Loews Hotels’ management since the doors first swung open at 7000 N. Resort Dr. in 1984.

Many of the benefits the commercial real estate industry enjoys were preserved in the recently enacted Tax Cuts and Jobs Act, but market participants are still distilling the impact of the changes, notes Avison Young Principal Jay Maddox.